Trendlines are of 5 types: Linear: Simple line depicting rise or fall in prices. Polynomial: Curved line which changes based on price movements. Exponential: Used when there is huge volatility in prices Logarithmic: It is best applied when the rate of volatility increases and decreases rapidly and then falls back to normal. Moving Average: It is a trendline pattern that smoothly adjusts with the constantly changing price and presents a clear trend.
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